Finally, Bakassi returnees to get homes as Ayade begins 5,000 housing units
After years of agony, displacement and failed promises mainly by the apex government, the Cross River State Governor, Prof. Ben Ayade has flagged off the construction of 5,000 housing units for the displaced people of Bakassi. The Chief Press Secretary…
Presidency recalibrates settings to grow ease of doing business at ports, others
Barring any change in plans, the federal government has put in place strategies that will among other things effect positive changes in nation’s ports, business visas, and other national interest sectors of the economy. A statement issued weekend by the…
Chemstar Paints mulls backward integration to reduce base on imported raw materials
Leading paint manufacturing group, Chemstar Paints Industries Nigeria Limited has started thinking homeward as it has started backward integration plan designed to source all relevant raw materials needed in the production of paints. Apart from trying to run away from…
From year 2000 to 2010, no refinery in Nigeria was given TAM—Ogbuigwe
More revelations have emerged on why the four national refineries may not come fully back to life after all. In an interview with a former general manager of the Port Harcourt Refinery and former President of African Refiners Association (ARA),…
Rising generation upon dwindling power supplies worry Nigerians, industries
Industrialists and households in Nigeria have chided the Minister of Power, Works and Housing, Mr. Babatunde Fashola, saying the regular announcements of the government that power generation has gone up are yet to be marched with realities of regular supplies…
Why all Lagos port access bridges need special assessment yearly—AEEPM
Lagos Civil engineer and Senior Research Officer at Africa Environmental & Economic Peace Mission (AEEPM), Dan Ogaga has called on the Federal Controller of Works to conduct another round of checks at all major bridges linking the nation’s seaports in…
NEPAD committed to fast tracking large-scale provision of energy in Africa— Elmissiry
Senior energy advisor of the New Partnership for Africa’s Development (NEPAD), Professor Mosad Elmissiry has said “Africa is committed to fast tracking large-scale provision of energy”. Speaking to the media on the sidelines of Africa Energy Indaba in Johannesburg, Elmissiry…
Adeosun hints on how DBN’ll deepen activities of SMEs in economic diversification
Indications have emerged that the Development Bank of Nigeria (DBN) will serve as strategic catalyst in the growth of Small and Medium Enterprises (SMEs) in Nigeria going by the structure and template the bank is coming with. The Finance Ministry…
BoI begins skill acquisition for 1,600 youths in gemstone production in kaduna
The Bank of Industry (BoI) Monday put paid to the training of 1,600 youths in gemstones production as part of renewed drive to boost economic recovery and diversification using Small and medium Enterprises (SMEs). Acting Managing Director of BoI, Mr…
Participants see FG’s Yes-P scheme as fraud to sap youths
Though it was started by the former administration lead by Dr. Goodluck Jonathan and sustained by the present leadership, some participants to the scheme who spoke to our correspondent have described the access to loan after training under the Yes-P…
